Global oil demand is slowing and will peak by 2030, Bank of America estimates.Even the rollout of power-intensive AI ...
President Donald Trump made a campaign promise to lower prices on Day One. Well, it’s Day 24, and as anyone who has gone shopping for eggs lately knows: Prices aren’t any lower than they were on ...
Oil futures looked to post a loss Wednesday, their first in four sessions, after official U.S. data revealed a third straight ...
Ninety percent – or $105 billion – of the EV manufacturing investment announced since the passage of the Inflation Reduction ...
The U.S. is barreling toward an energy transition as renewables — especially solar — become ever-cheaper sources of energy. Renewables and natural gas have been gaining while coal has ...
The company, which is also parent of battery maker SK On, said on Thursday that U.S. Trump administration's policies such as ...
Businesses would be reluctant to invest because, during periods of slack demand, falling prices ... coupled with Biden's Chips and Science Act and Inflation Reduction Act, pushed the federal ...
He staked out his claim not only to presidential power but also to command of America’s oil cartel — the ... energy investments under the Inflation Reduction Act (IRA). Yet the Constitution ...
First-week orders could undermine progress on clean energy investments, pollute the air and add few benefits to the economy, especially in Arizona.
"But if the inflation scares lead to growth concerns, then suddenly they can get caught up in it," he added, noting the impact on demand. The oil market rally has also pulled in momentum trading ...
President Donald Trump’s targeting of offshore wind and other renewables in favor of fossil fuels could come at a cost to the power grid.
Analysts also questioned if Trump's promise to refill the strategic reserve would make any changes to oil demand as the Biden administration was already purchasing oil for the emergency stockpile.
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